Housing

in committee · Oklahoma · Senate Mar 4, 2026

SB 1809: Ad valorem tax; increasing homestead exemption. Effective date.

SB 1809 increases Oklahoma's homestead property tax exemption from $1,000 to $5,000 annually for homeowners. It directly affects residents who own their primary residence as a homestead by reducing their taxable property value. The bill amends tax law to raise the exemption amount starting with the 2027 tax year, meaning homeowners will pay property tax only on the value exceeding $5,000. The change takes effect November 1, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases homestead exemption, reducing property tax burden for homeowners, aligning with tax relief for middle-income residents.95% confidence ✓ HousingSupports HousingIncreases homestead exemption from $1k to $5k, reducing property tax burden for homeowners and making primary residence ownership more affordable.85% confidence

Sub-Topics Property Tax Tax Incentives Property Taxes

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in committee · Oklahoma · House Feb 3, 2026

HB 4192: Real property; title; parcels; definitions; exclusions; effective date.

HB 4192 limits corporate ownership of residential real estate in Oklahoma by prohibiting most businesses (like corporations or LLCs) from acquiring more than 50 parcels of land with single-family homes or similar residential improvements. The bill exempts individuals, entities already owning property before the law takes effect (November 1, 2026), and businesses constructing new housing or leasing existing residential properties. It does not apply to properties owned by entities for non-residential purposes or those held prior to the effective date. The law aims to restrict large-scale corporate ownership of residential land while allowing typical housing development and leasing activities.

Topics ✓ HousingSupports HousingRestricts corporate ownership of residential properties to prevent speculation and preserve affordability, aligning with housing advancement goals while exempting new development.85% confidence

Sub-Topics Property Development

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in committee · Oklahoma · Senate Feb 23, 2026

SB 1829: Excise tax; providing exemption for certain manufactured homes from excise tax on motor vehicles. Effective date.

SB 1829 exempts manufactured home owners in Oklahoma from paying the state's excise tax if they provide proof of current year property tax payment. It directly affects individuals purchasing or owning manufactured homes who already pay ad valorem (property) tax, requiring them to submit a Manufactured Home Certificate (OTC Form 936) or equivalent proof. The bill amends tax law to replace the standard excise tax calculation (based on 50% of retail price for new homes) with this exemption for qualifying homeowners. The law takes effect November 1, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts manufactured home owners from excise tax after property tax payment, providing direct tax relief for qualifying homeowners and reducing state tax revenue through targeted exemption.95% confidence ✓ HousingSupports HousingExempts manufactured home owners from excise tax, reducing costs and increasing affordability for this housing segment, directly supporting affordable housing.90% confidence

Sub-Topics Procurement Property Tax Sales Tax Property Taxes

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in committee · Oklahoma · Senate Feb 3, 2026

SJR 36: Constitutional amendment; providing ad valorem exemption for veterans and unremarried surviving spouses.

This constitutional amendment (SJR 36) would create a phased property tax exemption for honorably discharged veterans and unremarried surviving spouses in Oklahoma. It provides increasing tax relief on household personal property and homesteads over four years: 25% in 2027, 50% in 2028, 75% in 2029, and full exemption by 2030. Eligibility requires Oklahoma residency and certification of honorable discharge (or surviving spouse status), expanding current exemptions beyond only disabled veterans. The amendment must be approved by voters as a constitutional change, not enacted by the legislature directly.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides phased property tax exemption for veterans and surviving spouses, reducing tax burden - direct tax relief aligning with support indicators for middle/lower income groups.95% confidence ✓ HousingSupports HousingTax exemption on homesteads reduces housing costs for veterans, advancing affordability through property tax relief on primary residences.85% confidence ✓ VeteransSupports VeteransExpands property tax exemption for veterans and surviving spouses, increasing relief annually to full exemption by 2030, broadening eligibility beyond current disabled veteran-only exemptions.95% confidence

Sub-Topics Property Tax Tax Incentives Property Taxes Memorials & Recognition Veteran Education

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in committee · Oklahoma · House Feb 19, 2026

HB 4414: State government; Homebuilder Program; directing the Oklahoma Housing Finance Agency to establish and utilize needs assessment; directing to work with legislative committee; sunset date; effective date.

HB 4414 creates a zero-interest loan program administered by Oklahoma Housing Finance Agency (OHFA) to build affordable single-family homes statewide. It prioritizes homebuilders seeking to develop housing in communities affected by federally declared natural disasters within the last year. The bill requires OHFA to develop a community needs assessment tool to allocate funds and prohibits participants from also claiming the Oklahoma Affordable Housing Tax Credit. OHFA must submit annual reports detailing program outcomes to state leadership, with the law taking effect November 1, 2026.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates state-administered zero-interest loan program for affordable housing, funding essential housing services through OHFA budget allocation.85% confidence ✓ HousingSupports HousingCreates zero-interest loans for affordable homebuilding in disaster-affected areas, directly funding housing development and affordability priorities.95% confidence

Sub-Topics Tax Credits Affordable Housing Housing Finance

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in committee · Oklahoma · Senate Feb 3, 2026

SB 2082: Home ownership; prohibiting single-family home ownership by covered institutional investors. Effective date.

SB 2082 prohibits "covered institutional investors" (such as large real estate companies buying homes for profit) from owning more than 25 single-family homes in Oklahoma. It requires county clerks to reject property transfers to these entities without a "beneficial ownership affidavit" disclosing who controls the property (25%+ interest). The Attorney General enforces the law, can void illegal purchases, and must create required forms within 90 days of the effective date (November 1, 2026). Existing holdings over 25 are exempt, but new acquisitions after the effective date are unlawful. The bill does not affect individual homeowners, nonprofits, homebuilders, or lenders.

Topics ✓ HousingSupports HousingBill limits institutional investors to 25 single-family homes, preventing market concentration that reduces affordability and displaces renters. Directly protects housing market access for residents.90% confidence

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in committee · Oklahoma · Senate Feb 3, 2026

SB 1517: Eminent domain; prohibiting taking of private property unless for certain uses. Effective date.

SB 1517 restricts Oklahoma's use of eminent domain by defining "public use" narrowly to include only traditional government purposes like roads, parks, and public utilities - explicitly excluding economic development, tax revenue increases, or job growth as justifications for taking private property. The bill requires governments to resell unused condemned property to the original owner (or heirs) at appraised value before selling it to others, and prohibits local governments from expanding eminent domain powers without new state legislation. It amends existing law to clarify that property taken for a public purpose must be used for that purpose or returned to the original owner, with strict resale procedures. The law takes effect November 1, 2026, and applies to all state and local entities exercising eminent domain authority.

Topics ✓ HousingSupports HousingBill protects property rights by restricting eminent domain for economic development, a core housing policy element, requiring resale to original owner at appraised value.80% confidence

Sub-Topics Property Development

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died · Oklahoma · House Feb 16, 2026

HB 3758: Eminent domain; just compensation; definition; enhanced compensation; comparable-replacement standard; partial taking compensation; prohibitions; non-waiver protection; effective date.

HB 3758 increases compensation for Oklahoma property owners facing government eminent domain takings. It requires either 150% of the property's fair market value or the cost to purchase a comparable replacement property in the same community (defined by size, location, use, and other factors). The bill prohibits reducing compensation due to "project influence" or pre-taking activity, and bans agencies from requiring owners to waive these protections. These changes apply to all public use takings and become effective November 1, 2026.

Topics ✓ HousingSupports HousingBill strengthens property rights by requiring enhanced eminent domain compensation, directly addressing a core housing policy component (property rights) as defined in the topic description.95% confidence

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passed · Oklahoma · House Apr 1, 2026

HJR 1081: Oklahoma Constitution; ad valorem; senior fair cash value limit; ballot title; filing.

This bill proposes a constitutional amendment (HJR 1081) that would eliminate the income requirement for Oklahoma seniors to qualify for a property tax limit on their homesteads. Currently, seniors aged 65+ must meet an income threshold based on HUD median income for their area; this amendment removes that requirement while keeping the age, 7-year occupancy, and $700,000 property value cap. It would apply only to homesteads valued at $700,000 or less, with the tax limit frozen at the value when the owner turned 65 (or January 1, 1997, for those already eligible before 1997). The change requires voter approval via a ballot measure.

Topics ✓ Budget & TaxesSupports Budget & TaxesRemoves income requirement for senior property tax relief, expanding access to tax benefit for low/middle-income seniors while maintaining caps.95% confidence ✓ HousingSupports HousingRemoves income barrier for senior property tax relief, increasing affordability for elderly homeowners on homesteads under $700k value.95% confidence

Sub-Topics Property Tax Property Taxes

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signed · Oklahoma · Senate May 13, 2026

SB 2139: Cities and towns; requiring county clerks to remove discriminatory language from existing plats. Effective date.

SB 2139 requires Oklahoma municipalities to amend property plats to remove discriminatory language (such as racial or religious restrictions) that violate the Fair Housing Act. It directs county clerks to erase such language from existing property records after a municipality passes an ordinance, without needing property owner approval. The bill affects neighborhoods with outdated discriminatory covenants in their recorded plats. It becomes effective November 1, 2026.

Topics ✓ HousingSupports HousingRemoves discriminatory covenants violating Fair Housing Act, advancing tenant protections and fair housing access by eliminating legal barriers to housing ownership.95% confidence

Sub-Topics Landlords